(FRONT OF STUFFER)
[GRAPHIC: PHOTOGRAPH OF RUNNERS SUPER PERFORMANCE
IN TRACK AND FIELD COMPETITION] ----------------------
+42.21%
1 Year
+9.22%
5 Years
+5.59%
10 Years
Average Annual Returns
as of 1/17/97
----------------------
(INSIDE OF STUFFER)
SUPERIOR PERFORMANCE
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IRA Approved
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As economies around the world expand, the natural resources sector booms. The
U.S. Global Resources Fund offers investors international diversification as
well as a hedge against inflation and, as you can see, great growth potential.
U.S. Global Resources Fund
1-800-557-2297, ext. 175
(BACK OF STUFFER)
[GRAPHIC: U.S. GLOBAL INVESTORS, INC. LOGO]
As of 1/17/97. For a free Fact Kit containing more complete information,
including charges and expenses, call 1-800-US-FUNDS. Please read the prospectus
carefully before investing. Past performance is no guarantee of future results.
Investment returns and principal will fluctuate. You may have a gain or loss
when you sell shares.